CompTIA State of the Tech Workforce Report 2024
Anita Skurr
11 July, 2024
CompTIA have released their latest State of the Tech Workforce report, also known as Cyberstates, full of interesting insights into the US technology job market.
Among the findings...
- Tech employment in the US reached an estimated 9,620,582 workers in 2023, an increase of 1.2% year-over-year, with net tech employment forecasted to grow by 3.1% in 2024
- Software and IT Support contribute the most to employer gains, while Data and Cybersecurity are growing the fastest
According to the report, the top projected growth occupations for 2024 are:
- 5.5% Data Scientists and Data Analysts
- 5.1% Cybersecurity Analysts and Engineers
- 4.8% Software Developers and Engineers
- 4.3% Software QA and Testers
- 4.3% Computer and Information Research Scientists
- 3.6% CIOs and IT Directors
- 3.6% Web Developers
- 3.6% Web and Digital Interface Designer
"Across all tech occupation categories covered in this report, the median salary, also referred to as the 50th percentile or midpoint, was an estimated $104,556 for the most recent year of available data. This figure is more than double the median wage across all occupations of the U.S. labour force reflecting the premium in earnings associated with in-demand tech job roles. Percentiles help to provide insight into how salaries progress throughout a tech career, with the upper levels at the 75th or 90th percentile range achieved through years of experience, training and certifications.
"According to projections from the U.S. Bureau of Labor Statistics and Lightcast, in the next ten years, tech occupation employment is expected to grow at about twice the rate (2x) of overall employment across the economy. This confirms the relative strength of tech employment compared to many other occupation categories as companies of all sizes across every industry sector pursue digital transformation (DX) initiatives."
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